Flexible magnet comprises magnetic particles held inside a flexible polymer binder, and it belongs to the permanent magnet family. A variety of carriers, such as vinyl, are bonded with rare earth magnet or ferrite powders to manufacture flexible magnet materials. This material has the property of bending, twisting, coiling, and machining into almost any shape and size without losing its magnetic energy. The flexible magnet can be easily cut with a pair of scissors and simply adhered to other items. Flexible magnets are mainly categorized into two types, i.e., magnetic sheet and extruded magnetic profiles. Flexible magnets are generally more cost-effective than other types of magnets, such as ceramic or rare-earth magnets. The lower production costs and availability of raw materials contribute to their affordability, making them an attractive option for businesses and consumers alike which is one of the key factors accelerating the flexible magnet market growth. However, the raw material price variations can restrain the flexible magnet market growth. The Flexible Magnet Market is expected to grow at a rate of 7.5% CAGR by 2028.
The Global Flexible Magnet Market has been analyzed based on the following Types:
- Isotropic Flexible Magnet
- Anisotropic Flexible Magnet
- Hybrid Flexible Magnet
The Global Flexible Magnet Market has been analyzed based on the following End-User Areas:
- Electrical & Electronics
- Packaging
- Automotive
- Others
The Global Flexible Magnet Market has been analyzed based on the following Geography:
- North America
- Europe
- Asia Pacific
- Rest of the World
The electrical & electronics sector is one of the major contributors toward the flexible magnet market. The high growth in economies and the increasing per capita income among consumers in the developing countries are pushing the demand for electronic devices. This, in turn, is increasing the demand for flexible magnet in this area. This trend is expected to continue with the automotive sector leading the market during the forecast period. The emerging economies, such as China, India, and Brazil, are witnessing the economic transformation that results in the growth of industrial infrastructure & equipment market. This, in turn, is expected to impact the market positively. Further, the use of flexible magnet is increasing in industrial, consumer goods, and automotive industries, which is expected to expand the market.
Globally, North America is the largest flexible magnet market due to the presence of export-oriented manufacturing capacities and substantial domestic demand from various end-user industries. The growth of automotive and logistics industries is further driving the market growth in the region. The anticipated economic stability in Europe is expected to boost its manufacturing sector, helping the growth of the market. North America is expected to remain the key region in the market with major contribution coming from the US.
Furthermore, the rise of digital printing technologies across the world has had a significant impact on the global market. Advancements in printing techniques, such as UV printing and solvent-based printing, enable high-quality and vibrant printing on flexible magnet surfaces. This trend enhances the customization options for promotional and advertising materials, driving the demand for printed flexible magnets.
The few prominent vendors of the flexible magnet market are Ampex Electronics, Arnold Magnetic Technologies, Daido Steel Co., Ltd., Hitachi Metals, Ltd., 3M, Sanbros Engineering Works, TDK Corporation, Toshiba Corporation, VACUUMSCHELZE (OM GROUP), and Veekim AG.
The flexible magnet market is driven by the versatility and convenience of these materials, making them a popular choice for a wide range of applications in both consumer and industrial settings. As technology and material science continue to advance, the market is likely to see further innovations and expanding applications for flexible magnets in the future.
- This report gives comprehensive details of the attributes influencing the market growth such as drivers, restraints, challenges and opportunities.
- This report elucidates the market segmentation in terms of technology type, solution application, location and geography.
- This report depicts the profiles of the significant competitors of the market coupled with their dynamic business strategies.
- This report also depicts the growth of the market in the regions such as North America, Europe, Asia Pacific and rest of the World.
Methodology
Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
- Forecasting
List of Tables
TABLE 1. GLOBAL FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 2. GLOBAL FLEXIBLE MAGNET MARKET VALUE FOR ISOTROPIC FLEXIBLE MAGNET, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 3. GLOBAL FLEXIBLE MAGNET MARKET VALUE FOR ANISOTROPIC FLEXIBLE MAGNET, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 4. GLOBAL FLEXIBLE MAGNET MARKET VALUE FOR HYBRID FLEXIBLE MAGNET, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 5. GLOBAL FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 6. GLOBAL FLEXIBLE MAGNET MARKET VALUE FOR ELECTRICAL & ELECTRONICS, 2022-2028 (USD BILLION)
TABLE 7. GLOBAL FLEXIBLE MAGNETMARKET VALUE FOR PACKAGING, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 8. GLOBAL FLEXIBLE MAGNETMARKET VALUE FOR AUTOMOTIVE, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 9. GLOBAL FLEXIBLE MAGNETMARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 10. NORTH AMERICA FLEXIBLE MAGNET MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
TABLE 11. NORTH AMERICA FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 12. NORTH AMERICA FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 13. U.S FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 14. U.S FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 15. CANADA FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 16. CANADA FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 17. EUROPE FLEXIBLE MAGNET MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
TABLE 18. EUROPE FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 19. EUROPE FLEXIBLE MAGNET MARKET VALUE, END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 20. GERMANY FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 21. GERMANY FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 22. U.K FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 23. U.K FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 24. FRANCE FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 25. FRANCE FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 26. ITALY FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 27. ITALY FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 28. SPAIN FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 29. SPAIN FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 30. ROE FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 31. ROE FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 32. ASIA PACIFC FLEXIBLE MAGNET MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
TABLE 33. ASIA PACIFC FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 34. ASIA PACIFC FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 35. CHINA FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 36. CHINA FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 37. INDIA FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 38. INDIA FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 39. JAPAN FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 40. JAPAN FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 41. REST OF APAC FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 42. REST OF APAC FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 43. REST OF WORLD FLEXIBLE MAGNET MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 44. REST OF WORLD FLEXIBLE MAGNET MARKET VALUE, BY END-USER AREAS, 2022-2028 (USD BILLION)
TABLE 45. AMPEX ELECTRONICS: FINANCIALS
TABLE 46. AMPEX ELECTRONICS: PRODUCTS & SERVICES
TABLE 47. AMPEX ELECTRONICS: RECENT DEVELOPMENTS
TABLE 48. ARNOLD MAGNETIC TECHNOLOGIES: FINANCIALS
TABLE 49. ARNOLD MAGNETIC TECHNOLOGIES: PRODUCTS & SERVICES
TABLE 50. ARNOLD MAGNETIC TECHNOLOGIES: RECENT DEVELOPMENTS
TABLE 51. DAIDO STEEL CO., LTD.: FINANCIALS
TABLE 52. DAIDO STEEL CO., LTD.: PRODUCTS & SERVICES
TABLE 53. DAIDO STEEL CO., LTD.: RECENT DEVELOPMENTS
TABLE 54. HITACHI METALS, LTD.: FINANCIALS
TABLE 55. HITACHI METALS, LTD.: PRODUCTS & SERVICES
TABLE 56. HITACHI METALS, LTD.: RECENT DEVELOPMENTS
TABLE 57. 3M: FINANCIALS
TABLE 58. 3M: PRODUCTS & SERVICES
TABLE 59. 3M: RECENT DEVELOPMENTS
TABLE 60. SANBROS ENGINEERING WORKS: FINANCIALS
TABLE 61. SANBROS ENGINEERING WORKS: PRODUCTS & SERVICES
TABLE 62. SANBROS ENGINEERING WORKS: RECENT DEVELOPMENTS
TABLE 63. TDK CORPORATION: FINANCIALS
TABLE 64. TDK CORPORATION: PRODUCTS & SERVICES
TABLE 65. TDK CORPORATION: RECENT DEVELOPMENTS
TABLE 66. TOSHIBA CORPORATION: FINANCIALS
TABLE 67. TOSHIBA CORPORATION: PRODUCTS & SERVICES
TABLE 68. TOSHIBA CORPORATION: RECENT DEVELOPMENTS
TABLE 69. VACUUMSCHELZE (OM GROUP): FINANCIALS
TABLE 70. VACUUMSCHELZE (OM GROUP): PRODUCTS & SERVICES
TABLE 71. VACUUMSCHELZE (OM GROUP): RECENT DEVELOPMENTS
TABLE 72. VEEKIM AG: FINANCIALS
TABLE 73. VEEKIM AG: PRODUCTS & SERVICES
TABLE 75. VEEKIM AG: RECENT DEVELOPMENTS
